All posts tagged "Bangladesh Bank"
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1.1KAsia-PacificLIBOR Phase-out, RFR Adoption: A Path Forward for Sri Lanka
The CBSL should play a more active role in facilitating the transition in Sri Lanka, says Lalinda Sugathadasa, Head of Research at ICRA Lanka.
April 12, 2021 -
443Asia-PacificUPDATED – Bangladesh: Banks, Stock Exchanges Shorten Work Hours
Banks were asked to carry out all transactions from 10am to 12.30pm during the lockdown and to only keep branches open until 2pm.
April 9, 2021 -
391Asia-Pacific
Bangladesh Bank Eases Dividend Caps for Banks, NBFIs
Banks can pay up to 35 percent in dividends and NBFIs up to 30 percent, provided half of the dividend is paid in stock.
March 25, 2021 -
582AML / KYC
Bangladesh TBML Rule Makes Mis-invoicing a Jailable Offence
A new Finance Ministry order makes incorrect declaration on exports, imports and investment abroad a jailable offence.
March 23, 2021 -
473Asia-Pacific
Bangladesh Cabinet Approves Bill on Payments Supervision
The bill is aimed at providing additional safeguards against fraud, allowing Bangladesh Bank to monitor all electronic payments and penalise violations.
March 14, 2021 -
582AML / KYCBangladesh Officials Confirm Use of Bitcoin to Finance Terrorism
Two arrested militants have reportedly confessed to receiving funds through Bitcoin from extremist groups since 2014.
March 13, 2021 -
375Asia-Pacific
Bangladesh Bank Revises Credit Risk Rating System
Bangladesh Bank has directed lenders to consider either 2019 or 2020 audited financial statements when determining borrowers' credit risk ratings for 2021.
March 2, 2021 -
584AML / KYCUS Prosecutors Unveils New Charges Against North Korean Hackers
Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.
February 22, 2021 -
648Asia-Pacific
Bangladesh Further Extends Ban on Downgrading Borrowers
Bangladesh Bank has instructed banks not to change their classifications of loans for another three months for borrowers that fail to make repayments.
October 3, 2020 -
1.1KAsia-Pacific
Bangladesh Bank Orders Banks to Cap Credit Card Interest
Banks are charging customers between 25 and 27 percent in interest on credit card debt, in violation of regulations, Bangladesh Bank said.
September 27, 2020
